China arrests 62 suspects abroad, US$1.5 billion seized in P2P crackdown

By
Follow google news

Crackdown on online finance.

China arrests 62 suspects abroad, US$1.5 billion seized in P2P crackdown
China has arrested 62 suspects abroad and seized 10 billion yuan (US$1.5 billion) in assets from 380 fraudulent peer-to-peer (P2P) lending platforms since June as part of a crackdown on online finance, the public security ministry said. The arrest of P2P suspects hiding overseas is a top ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now
Got a news tip for our journalists? Share it with us anonymously here.
Tags:

Most Read Articles

Announcing the 2026 iTnews Benchmark Awards finalists

Announcing the 2026 iTnews Benchmark Awards finalists

HR is being forced to prioritise technology in the war for talent. Here's why...

HR is being forced to prioritise technology in the war for talent. Here's why...

Shamoon variant lead suspect in hack on oil firm Saipem

Shamoon variant lead suspect in hack on oil firm Saipem

Apple fails to end MacBook 'butterfly' keyboard class action

Apple fails to end MacBook 'butterfly' keyboard class action

Log In

  |  Forgot your password?